SME Times is powered by   
Search News
Just in:   • Distressed Jaypee home buyers seek government's intervention  • CII suggests creation of National Employment Board  • From merger, govt now looks to de-merge 3 PSU insurers then look for strategic sale  • April fiscal deficit at 0.75% of GDP  • Trump delays 10-city raids on illegal immigrants 
Last updated: 13 Apr, 2019  

google-logo-thmb.jpg Global app revenue hit $19.5 bn in Q1 2019: Report

Google.9..jpg
   Top Stories
» April fiscal deficit at 0.75% of GDP
» Manufacturing outlook moderates in Q1: FICCI survey
» Printing of Budget commences with Halwa Ceremony
» NSIC signs MoU on eGovernance services benefitting MSMEs
» DPIIT to work with industry for exports promotion: Goyal
IANS | 13 Apr, 2019
People across the globe spent $19.5 billion on the Apple App Store and Google Play in the first quarter of 2019, according to a new report from Sensor Tower, a mobile app intelligence firm.

This represented a 16.9 per cent year-over-year increase. In the first quarter of 2018, the stores saw $16.7 billion combined gross consumer spend on in-app purchases, subscriptions and premium apps, said the report.

According to the analysis, dating app Tinder beat streaming service Netflix to claim the top revenue spot for the quarter.

"Apple's App Store accounted for around 64 per cent of revenue generated by the two stores last quarter, with consumer spending on the platform totalling $12.4 billion globally," Randy Nelson, Sensor Tower's Head of Mobile Insights, wrote in a blog post on Friday.

It represented a 15 per cent growth over the year-ago quarter, when spending reached around $10.8 billion on the App Store. "Google Play revenue grew 20.2 per cent YoY to $7.1 billion, about 57 per cent of the App Store's total, up from $5.9 billion in the first quarter of 2018," Nelson said.

However, Google Play accounted for nearly 74 per cent of the 28.1 billion first-time app installs in Q1 of 2019. The App Store's total installs reached 7.4 billion in Q1, a 4.7 per cent decline from the same quarter last year, the analysis showed.

The decline could be attributed to reduced installs in China due to a government pause on mobile game certification, Sensor Tower said.

TikTok was the third most installed app globally during Q1 of 2019 across the App Store and Google Play, ranking behind only Facebook's WhatsApp and Messenger at No. 1 and No. 2, respectively.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 24 Jun, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» MSMEs can now register delayed payment grievances online(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter